" Now individuals can consider the potential of ideas to pan out and participate in funding them. Sure, sounds good -- I'll throw in 1,000$. Suddenly 1,000 like-minded individuals can satisfy the need of projects."
You mean Kickstarter, which has nothing to do with blockchain?
"Anyhow. I do think you are right. The integrity of the data has to be questioned. But I question why we have to assume that its useless just because it cannot be trusted? This paper trail is immutable. That is valuable. Future evidence can expose prior lies. Once you know that you have to maintain a lie for life, suddenly you are questioning if its really worth making."
Says who? Both Bitcoin and Etherium have gone through forks of their chains.
>You mean Kickstarter, which has nothing to do with blockchain?
Blockchain is having all of the functionality (and more) of Kickstarter with 10-20x more reach. Also, explain how you would use kickstarter to crowd-fund a gold-backed digital currency without Blockchain?
>Says who? Both Bitcoin and Etherium have gone through forks of their chains
The whole point if a Blockchain is you can tell if it's been forked, and really forks are just the exception proving the rule of immutability. Meaningful forks have happened a handful of times and they've been
heavily publicized. How many times has a bank issued a chargeback?
You mean Kickstarter, which has nothing to do with blockchain?
"Anyhow. I do think you are right. The integrity of the data has to be questioned. But I question why we have to assume that its useless just because it cannot be trusted? This paper trail is immutable. That is valuable. Future evidence can expose prior lies. Once you know that you have to maintain a lie for life, suddenly you are questioning if its really worth making."
Says who? Both Bitcoin and Etherium have gone through forks of their chains.